The National Retail Federation (NRF) is upwardly revising its estimate on how much consumers will spend across retail sectors in 2021. The organization’s new estimate now stands at $4.4 trillion, and the NRF expects sales to grow between 10.5 and …
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According to the U.S. Bureau of Labor Statistics, the economy added 559,000 jobs in May, reducing the national unemployment rate to 5.8 percent. Notable job gains happened in public and private education, hospitality and health care. Take a deeper dive …
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Even as home builders report shortages of building materials and products, new research from the National Association of Home Builders (NAHB) suggests pros are also seeing sharp increases in product prices. In the latest version of the NAHB and Wells …
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After a year of record sales and renewed interest in the home improvement channel, take a moment to review some of the latest industry data to better understand your DIY and pro customers. The Farnsworth Group has released new research …
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The North American Hardware and Paint Association (NHPA) is now inviting hardware stores, home centers, lumberyards and paint and decorating retailers in the U.S. to participate in the 2021 Cost of Doing Business Study. For more than 100 years, NHPA …
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Building materials marketing firm Venveo and market research firm The Farnsworth Group are releasing new data highlighting how DIY purchase behaviors have changed in the past year. After surveying nearly 1,000 DIYers, the insight into DIY purchasing and shopping preferences …
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There’s much more to discover from the May 2021 edition of Hardware Retailing. Browse the links below to uncover new innovations, trends and resources to lead your operation to success.
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Residential construction and design businesses are reporting confidence for home renovation activity in the second quarter of the year, according to online design platform Houzz. The company’s second-quarter Houzz Barometer tracks residential renovation market expectations, project backlogs and recent activity …
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